X @BNB Chain

Funding & Investment - 10X Capital announces a $500 million private placement to establish the largest publicly-listed BNB-exclusive digital asset treasury company [1] - The private placement (PIPE) is led by YZILabs and top institutional crypto funds [1] - The offering has the potential for up to $125 billion in gross proceeds with full warrant exercise [1] - The deal is expected to close on July 31st [1] Company & Strategy - The company will be listed on NASDAQ under the ticker symbol $VAPE [1] - The company aims to create the largest publicly-listed digital asset treasury company focused on BNB [1] Key Participants - Investors include Pantera Capital, Arrington Capital, GSR_io, and others [1]